CZ Binance: FTX’s misappropriation of user funds was clear once due diligence started
Summary: Binance CEO Changpeng Zhao told CNBC that due diligence during the FTX deal didn’t last long.Zhao said “misappropriation of...
Ethereum
Genesis Global Capital Hit By FTX Contagion, Withdrawals Suspended Till Further Notice
Summary: Another crypto firm announced changes to operations due to FTX’s contagion.The lending department of Genesis Global Trading “temporarily suspended”...
BlockFi Likely To File For Bankruptcy Due To Significant Exposure to FTX: WSJ
Crypto lender BlockFi is reportedly preparing for a potential bankruptcy.BlockFi is planning to lay off some of its employees. The lender...
Apple Pay Has Enabled Crypto Payments Using Circle’s $USDC
USDC issuer Circle has announced that crypto payments using the stablecoin are now enabled on Apple Pay.Select businesses will be...
FTX Hacker Becomes 35th Largest Holder Of Ethereum After Panic Purchasing Approx. $50M of $ETH
FTX hacker reportedly swapped around $50M of $Dai to $Ethereum in a state of “panic” according to intelligence firm Arkham.It...
Former FTX CEO Sam Bankman-Fried Tried To Raise Cash After Chapter 11 Filing: WSJ
Summary: People close to the matter said that Bankman-Fried and some FTX employees spent the weekend calling investors.SBF hopes to...
Binance and Bitfinex Lead ERC20 Deposits Among Centralized Crypto Exchanges
Summary: Ether and ERC20 deposits on centralized crypto exchanges surpassed withdrawals on centralized crypto exchanges as FTX contagion rattled digital...
Alameda Research Reportedly Bought Tokens Ahead Of Their Listing On FTX
Alameda Research reportedly purchased tokens before their listing on sister firm FTX.A report by WSJ states that the controversial trades...
Ethereum Daily Trading Volume On Uniswap Up 80% Amid FTX Contagion
Summary: Uniswap’s trading volumes for Ether skyrocketed to $1.21 billion, beating centralized exchange Binance.$31 billion worth of transactions happened at...
Edward Snowden Itching To Buy The $BTC (Bitcoin) Dip For The First Time Since March 2020
TLDR; Famous whistle-blower and privacy advocate Edward Snowden has taken interest on buying the BTC dip for the first time...
CZ Binance And Vitalik Buterin Envision New Proof Of Reserve Solution, Over $6 Billion Leaves Centralized Exchanges
Summary: Changpeng Zhao and Vitalik Buterin could develop an improved method for crypto exchanges to show proof of reserves.Binance will...
CZ Binance Issues Another Warning Directed At Exchanges Crypto.Com And Gate.Io
Binance’s CEO CZ issues a warning directed at Crypto Exchanges Crypto.Com and Gate.IO, “Stay Away, Stay SAFU” he says. The...
Sam Bankman Fried’s FTX & Alamada Empire Collapsed. How Much Did He Actually Donate To Charity In The End?
Sam Bankman Fried, the son of Two Stanford professors and the ex-CEO of FTX exchange, painted himself as the Robin...
Binance CEO CZ Says A Crisis Could Be In Horizon After FTX Collapse
Binance CEO Changpeng Zhao warns about the “cascading effects” following FTX’s collapse on a recent conference in India as reported...
FTX Submits Chapter 11 Bankruptcy Filing, Sam Bankman-Fried Resigns
Summary: FTX has filed for bankruptcy after pausing withdrawals earlier.The chapter 11 bankruptcy filing includes FTX US, Alameda, and around...
